Wednesday 06 November 2024
Select a region
Business

JT partnership aims to protect against SIM swap fraud

JT partnership aims to protect against SIM swap fraud

Thursday 07 April 2022

JT partnership aims to protect against SIM swap fraud

Thursday 07 April 2022


JT and Sky Mobile have come together to provide additional security to millions of customers who might face fraudulent financial transactions.

Partnering with JT's Fraud Protection Services (FPS), Sky Mobile can help UK Banks' fraud detection systems query information, helping to protect against what's known as 'SIM swap fraud'.

Criminals use SIM swap fraud to gain access to banks accounts through one-time pass codes sent to mobiles.

Once triggered by the bank, JT's system can carry out a background check to verify the customer and investigate whether the SIM has been swapped.

The service is already widely used by banks and businesses throughout the UK and around the world.

Paul Sweeney, Managing Director, Sky Mobile said: "With SIM swap fraud on the rise, it's important to us that Sky Mobile customers are kept safe, which is why we've partnered with JT FPS to provide them with an additional level of protection and peace of mind."

Clare Messenger, Head of Fraud Protection Services at JT, said: “JT’s Fraud Protection Services provide an enhanced level of security when customers are making payments or using other sensitive information.

"We are delighted that our innovative services have been trusted by a leading brand like Sky Mobile to provide that extra confidence that their customers are protected against this type of fraud.”

Paul Taylor, Managing Director, JT International said: “The pandemic transformed our world in so many ways and one of those was increasing our reliance on using mobile phones to access the internet as part of our everyday lives.

"Fraudsters saw opportunities to use sophisticated techniques to target system vulnerabilities and we at JT International have been working hard to provide the necessary extra layers of protection to identify and prevent potential fraud.”

Sign up to newsletter

 

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?